REDUCE SALES TAX TO 5 PERCENT AND ESTABLISH SALES TAX HOLIDAY

By Bob Katzen

This measure reduces the state’s sale tax from 6.25 percent to 5 percent and at the same time establishes an annual two-day permanent sales tax holiday in August that allows consumers to buy most products that cost under $2,500 without paying the state.

“There exists significant support for reducing the state sales tax and creating an annual sales tax holiday with the voters, as evidenced by recent public polls and the ease at which we were able to collect signatures,” said Jon Hurst, Chairman of the coalition and President of the Retailers Association of Massachusetts. “Voters support reducing the sales tax because it hits seniors and low-income families disproportionately and is making it more difficult for our small business to compete with the tax-free New Hampshire and online sellers.”

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